[Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH

Henry Baker hbaker1 at pipeline.com
Sun Dec 3 12:07:54 EST 2017


At 12:09 PM 12/2/2017, Jerry Leichter wrote:
>I'm trying to think of a way to short Bitcoin....

That's an interesting question.

Yes, Bitcoin futures will be traded, so you could "short" those, but wouldn't it be simpler, and more in line with the general philosophy of cryptocurrencies, to simply allow *negative* balances, so "shorting" would already be built into the cryptocurrency blockchain?

After all, if govts will (in future) sell only bonds with *negative* rates of interest (i.e., a "wealth tax"), cryptocurrencies should go ahead and get ahead of the trend...



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